NestEgg has launched a new feature: open banking affordability charts. The cost-of-living crisis is developing into a recession. Of course, this isn’t good news for responsible lenders. Because of this, it’s more important than ever to navigate data so those that are struggling are spotted early … Read More about New feature: open banking affordability charts
Opening up access to affordable credit
NestEgg’s new platform is opening up access to affordable credit, helping responsible lenders grow their loan books. Affordable credit providers could grow so much more quickly. Credit unions and CDFIs just need to make themselves easier to find and apply to. Growth potential For the risk … Read More about Opening up access to affordable credit
NestEgg: new features for 2023
NestEgg closed the year, looking forward to 2023. Our User Group of 30+ responsible lenders helped us prioritise the most important new features for Q1/2023. Ever-conscious of a cost of living crisis that is fast developing into a recession, the focus was supporting responsible lenders to make … Read More about NestEgg: new features for 2023
Supporting compliance for outsourcing rules
Outsourcing rules are contained in Chapter 14 of the PRA Rule Book. In short, where an important operational function is outsourced, additional controls should be in place to manage that service. In most cases where a credit union is relying on cloud-based services – outsourcing rules apply. As … Read More about Supporting compliance for outsourcing rules
ISO 27001 Certification
NestEgg is proud to announce we are now ISO 27001 certified. As of 7th November 2022, we have been certified for ISO 27001. This certification independently verifies that NestEgg follows information security best practices with our technology, people and processes. This is good news for your … Read More about ISO 27001 Certification
Car loans roundtable
20 credit unions attended our Car Loans Roundtable on 10th November. The meeting explored the opportunity the Finance Bill presents for credit unions wanting to grow their loan books. Currently passing through Parliament, when enacted the Bill means credit unions will be able to offer Conditional … Read More about Car loans roundtable